Monday, 4 February 2019

Food Packaging Equipment Market Size is Estimated to Surpass USD 60.40 Billion by 2025: Grand View Research, Inc

5-February-2019: The global food packaging equipments market size is estimated to surpass USD 60.40 Billion by 2025. It is anticipated to expand at a CAGR 4.87% over the forecast period. Growing demand for convenient, packaged, processed, and ready-to-eat food products is favoring the packaging industry, especially in emerging regions like Asia Pacific. This factor is anticipated to bode well for market growth in the forthcoming years.

Food Packaging Equipment Market

Increasing awareness among consumers regarding packaging, hygiene, and nutritional value of food coupled with rise in demand for dairy, bakery, confectionery, meat, poultry, seafood, and allied products is anticipated to trigger the market growth. In addition, rising investments for developing efficient manufacturing units for packaging equipment is predicted to encourage growth of the food packaging equipment market over the forecast timeframe. Government regulations regarding manufacturing materials and processes along with secure work environment and product standardization is expected to further drive the growth.

The filling and dosing equipment segment is expected to register significant CAGR over the forecast period. Product standardization, quality, and value-added engineering in manufacturing processes offer competitive advantage to the manufacturers in the market. The shift in dietary habits, westernization in lifestyle and food consumption supported by inclination of consumers towards ready-to-eat and packaged food is projected to augment the demand for packaging equipment favoring food packaging equipments market.

Russia is expected to attain USD 5.40 Billion by 2025. Increasing industrial automation, purchasing parity power and shifts in the dietary habits are some of the reasons that are expected to propel the market growth. India was valued at USD 3.01 Billion in 2017. Bakery and confectionary and convenience food application is forecasted to have significant market share in 2017. The growth of Indian market for food packaging equipment is driven by rapid infrastructural development, change in lifestyle, health consciousness, healthy food habits, and other macroeconomic factors.

 In depth research report on Food Packaging Equipment Market

Further key findings from the report suggest:

·       Filling and dosing equipment is expected to lead the equipment segment with a CAGR of 4.99% over the forecast period, owing to ongoing research in packaging automation, adoption of Industry 4.0, and technological advancements

·       Dairy product is expected to emerge dominant application segment and expand at a CAGR of 4.99% over the forecast period

·       Canada Food Packaging Equipment market is expected to expand at a CAGR of 5.72% over the forecast period, owing to favorable market opportunities, industrialization, and supportive government policies

·       Key market players are Bosch Packaging Technology GmbH, GEA Group Aktiengesellschaft, Coesia S.p.A., MULTIVAC Group, and ARPAC LLC among others.

Grand View Research has segmented the global food packaging equipments market based on equipment, application, and region:

Food Packaging Equipments Outlook (Revenue, USD Billion, 2014 - 2025)

·       Form-fill-seal

·       Filling & Dosing

·       Cartoning

·       Case Packing

·       Wrapping & Bundling

·       Others

Food Packaging Equipments Application Outlook (Revenue, USD Billion, 2014 - 2025)

·       Bakery & Confectionary

·       Dairy Products

·       Fruits, Nuts & Vegetables

·       Meat, Poultry & Seafood

·       Convenience Food

·       Others

Browse more research reports of this category:

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Thursday, 31 January 2019

Modified Starch Market Hit USD 15.36 billion by 2025: Grand View Research, Inc.

1-February-2019: The global modified starch market size is expected to reach USD 15.36 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 5.7% over the forecast period. Higher adoption of convenience food coupled with huge demand from Asia Pacific is likely to augment the market. Growing consumer concern regarding health and nutrition along with preference for healthy diet is projected to be a major market driver. Surging demand for natural sweeteners in energy drinks and non-carbonated soft drinks will further fuel the growth over the forecast period.


Modified Starch Market

Companies are spending heavily on R&D for manufacturing effective water soluble modified starches, resulting in dynamic market conditions. Significant rise in product innovation to enhance product portfolio, gain access to untapped markets, and to avail synergetic benefits has created growth avenues for the market players. Companies have increased their presence across the value chain by integrating and diversifying their product portfolio. Companies such as Cargill, Inc., Ingredion Incorporated, and Roquette Frères are integrated at different stages of the value chain.

Technological advancements in India, China, and Brazil to develop innovative products are expected to create new opportunities for the growth of the modified starch market. Increasing government support to promote natural ingredients will open new avenues over the next seven years. The global market is expected to grow significantly during the forecast period on account of consumption of the product in numerous applications including food and beverage, paper, pharmaceuticals, textile, and coatings, adhesives, and biodegradable polymers among others.

Rising application of modified starch in textile industry is expected to drive the global market in near future. It is also use as a thickening agent in the paper industry.Increasing use of modified starches, such as starch graft copolymers, starch esters, starch ethers, and cationic starches, in textile industry will result in improving the penetration of the textile industry. These starches are used in printing and finishing applications in textiles and as substitute to polyvinyl alcohol.

In depth research report on Modified Starch Market

Further key findings from the report suggest:

·       In terms of revenue, food and beverage application held the dominant market share of 37.6% in 2016

·       Cationic starch is expected witness significant market growth on account of their increasing penetration in the paper and textile industries. It is expected to expand at a 4.6% CAGR from 2017 to 2025

·       Several companies including Archer Daniels Midland Company, Cargill Incorporated, Roquette Frères, Avebe, Roquette Group, and Ingredion Incorporated are investing heavily in R&D

·       Key players operating in the modified starch market are Cargill Foods, ADM, Ingredion, Tate & Lyle and Roquette. Strong presence of Cargill Foods in food and beverage and animal feed industries is expected help it maintain its substantial global market share in near future.

Grand View Research has segmented the global modified starch market on the basis of product, material, function, end-use, and region:

Modified Starch Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·       Starch Esters and Ethers

·       Resistant

·       Cationic

·       Pre-gelatinized

·       Others

Modified Starch Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·       Corn

·       Cassava

·       Wheat

·       Potato

·       Others

Modified Starch Function Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·       Stabilizers

·       Thickeners

·       Emulsifiers

·       Binders

·       Others

Modified Starch Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·       Food & Beverage

·       Animal Feed

·       Paper

·       Pharmaceuticals

·       Textiles

·       Others

Browse more research reports of this category:

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Friday, 25 January 2019

Food Processing Equipment Market Hit USD 85.59 billion by 2025: Grand View Research, Inc.

25-January-2018: The global food processing equipment market size is anticipated to reach at USD 85.59 billion by 2025, according to a new report published by Grand View Research, Inc. Driven by growing demand for processed and Ready-to-Eat (RTE) food products across the globe, the market is projected to expand at a CAGR of 6.2% over the forecast period. Strict government regulations regarding the hygiene and standardization of food products will further driver the demand for food processing equipment. Increasing demand for meat, poultry, and seafood is also predicted to support the market growth in the coming years.

Food Processing Equipment Market

Furthermore, growing trend of industrial automation coupled with easy availability of these units will spur the market development. The automatic mode of operation segment led the market in 2017 and is likely to expand further at a CAGR of 7.0% over the forecast period. This growth can be attributed to technological advancements in the processing market. Companies offer automated operational systems for the manufacturing of food processing equipment to have a competitive advantage in the market.

The processing equipment segment is expected to register a CAGR 6.5% in the forecast period reaching USD 45.67 billion by 2025. The pre-processing equipment type is also projected to account for a significant share of the global market.

 In depth research report on Food Processing Equipment Market

Further key findings from the study suggest:

·       The processing equipment type segment is expected to witness the fastest growth over the forecast period

·       India was valued at USD 3.2 billion in 2017 owing to the large-scale demand for food processing equipment in the region

·       As of 2017, the country is among the prominent markets on account of large population base and rapid industrial development

·       The U.S. food processing equipment market is expected to register a CAGR of 4.9% owing to favorable growth opportunities in the region

·       U.K. is also anticipated to grow significantly over the coming years

·       Some of the companies in the global market include BAADER Group, GEA Group AG, Buhler AG, Alfa Laval AB, and Tetra Laval International S.A.

Grand View Research has segmented the global food processing equipment market on the basis of mode of operation, type, application, and region:

Food Processing Equipment Mode of Operation Outlook (Revenue, USD Billion, 2014 - 2025)

·       Semi-automatic

·       Automatic

Food Processing Equipment Type Outlook (Revenue, USD Billion, 2014 - 2025)

·       Processing

·       Pre-processing

Food Processing Equipment Application Outlook (Revenue, USD Billion, 2014 - 2025)

·       Bakery & Confectionery

·       Meat, Poultry, & Seafood

·       Beverage

·       Dairy

·       Fruit, Nut, & Vegetable

·       Grains

·       Others

Browse more research reports of this category:

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Monday, 7 January 2019

Saffron: A Herbal Health Supplement

8-January-2019: According to a report by Grand View Research, Inc., global saffron market is anticipated to value USD 77.5 billion by 2024. Growing requirement for product in food applications as coloring and flavoring agent is anticipated to propel demand for saffron. It can be cultivated in arid and semi-arid climatic conditions and is likely to be labor intensive.




Rising product demand from pharmaceutical sector owing to its anti-inflammatory, antioxidant, anti-tumor, and anti-diabetic properties can influence market growth. Growing popularity as herbal health supplement is likely to surge demand for saffron over next few years. Increasing product use in manufacturing of skin care products attributed to its ability to treat acne, tan removal, and other skin related issues can stimulate market growth.    

Based on application, the market can be categorized into medical, cosmetics, food, and others. In 2015, food segment dominated the market and accounted for largest market share. It is expected to grow fast in terms of revenue at CAGR of 13% from 2016 to 2024 attributed to coloring and flavoring properties. Saffron can be used as alternative to chemical food ingredients in dairy and confectionary products including tea, ice cream, fruit cakes, muffins, cake powder, and baking powder. Expansion of food sector in various regions is likely to surge product demand over the forecast period.

On the contrary, medical segment accounted for 25% of global volume in 2015 and became second largest application segment. Presence of safral and crocin as major active ingredients of saffron can surge its demand in manufacturing of various antibiotics. This, in turn can fuel product demand during the forecast period.

Cosmetic segment accounted for market share equivalent to USD 58 million in 2015. Rising demand for saffron to produce different types of skin care products can fuel market growth. It is expected to be used in anti-blemish lotions, fairness creams, and cleansers. In addition, it can be used for acne and tan removal and to treat various other skin ailments. Growth of cosmetics sector in Asia Pacific is likely to boost demand for saffron from 2016 to 2025.

Other segments including paint and textile accounted for 8% of global market share in 2015. High demand for saffron from these sectors owing to its properties such as oriental fragrance, color dyeing, and replacement of chemical color pigment can fuel market growth over the forecast period.

Regional segmentation includes Europe, North America, Asia Pacific, South & Central America, and Middle East & Africa. In 2015, Spain and Italy accounted for 34% Europe market volume attributed to rising product demand from food sector. These countries is expected to be engaged in manufacturing of saffron. Increasing use of innovative packaging technology to deliver quality according to requirement of local food companies can boost market growth during the forecast period.

On the contrary, Asia Pacific accounted for market share equivalent to USD 198 million in 2015. Continual development of various application sectors such as medical, cosmetics, and food can augment market growth in the region. The region is expected to remain second largest market during the period from 2016 to 2025. Rising product manufacturing in India owing to easy availability of skilled workforce that can result in higher production capacity can fuel market growth. Moreover, significant product demand from food sector is predicted to boost growth of market over the forecast period.

In Middle East & Africa, the market is predicted to grow well during the forecast period attributed to expansion of perfume sector in the region. Increasing use of saffron in perfumes attributed to its oriental fragrance can fuel growth of market.  

Some of the leading companies offering saffron are Iran Saffron Company, Gohar Saffron, Rowhani Saffron Co., and Saffron Business Co., and Esfedan trading company. Intense competition in the market is expected to push producers to focus on affordable pricing structure, integrated supply chain, and product quality difference. Hence, companies are likely to invest in integration of supply chain to maintain their market share coupled with focus on significant growth.

In-Depth Research Report On Saffron Market:
https://www.grandviewresearch.com/industry-analysis/saffron-market

Friday, 14 December 2018

Food Thickeners Improve Viscosity and Texture of the Product

14-December-2018: According to a report published by Grand View Research, Inc.; the food thickeners market is expected to reach a valuation of around USD 18.98 billion by 2025.
Food Thickeners Market

Increasing demand for processed and convenience food among the consumers due to rise in disposable income and changing lifestyle can propel the market during the forecast period (2014 to 2025).

Rising demand for these products in the production of flavored beverages and carbonated drinks are expected to increase the product demand in the coming years. These thickeners are being extensively used in several beverages such as juices, fruit pulps, and energy drinks in order to improve viscosity and texture of the product without affecting its national value. These benefits are expected to drive the market growth.

Worldwide food thickeners market can be segmented on the basis of product, application, and region.  As per product, the market can be classified into starch, hydrocolloids, and proteins.

In 2016, The starch segment estimated for over 42% of total market share due to its high-self-life, low cost, and easy availability. The segment is expected to grow swiftly with an estimated CAGR of 6.7% on account of high demand from end-use applications due to its superior properties like high stability, viscosity, and low cost.

The protein segment is anticipated to show high growth in the coming years. Various products in this segment such as collagen, gelatin, and egg whites provide better stability, emulsification, and gelling to desired food product. Proteins are water soluble and not require reactive agents for conversion, which is the key driving factor for the segment.

Based on application, the market can be categorized into bakery, dairy, beverages, confectionery, and others. The beverages segment is expected to grow at an estimated CAGR of 7.5% over the forecast period due to increasing demand for energy drinks, juices, soft drinks, and flavored beverages. In 2016, the bakery segment accounted for 27% of total market share.  Increasing demand for gluten-free products and ingredients due to rise in awareness regarding its negative health effects is expected to drive the segment during the forecast period.

Geographically, the market can be divided into North America, Europe, Asia Pacific, Central & South America, and The Middle East & Africa.

Asia Pacific is expected to show significant growth during the forecast period. China is likely to expand at CAGR of 7.7% during the forecast period due to growing population along with increasing demand for sauces, dairy products, and baby food products in the country. India is expected to grow at a CAGR of 7.1% during the projected period. This growth can be associated with factors such as growing food and beverages industry, improving economic condition, and changing eating preferences of consumers.  Increasing demand for bakery and confectionery products in this region is also expected to support the market growth.

Central & South Africa is expected to grow on account of rapidly growing food and beverages sector in countries including Peru, Venezuela, Argentina, Brazil. Factors such as rapid urbanization, changing eating preference, and growing disposable income in this region is expected to drive the end-use application sector, thereby boost the product demand.
Europe is projected to grow at CAGR of 6.0% during the forecast period on account of prosperous food and beverages sector and chaining cooking patterns in the region.
In 2016, The U.S. estimated for major market shar of total North American market size due to presence of major market participants and increasing demand for comfort food in the country.
Prominent players operating in the market include Cargill Inc.; Kerry Group PLC.; Tate & Lyle PLC; Archer Daniels Midland Company; and Fuerst Day Lawson.

Volatile price of raw material is the major challenge for the companies. Major participants are making high investments for product innovation and expanding their production capabilities to sustain in the market. The new participants in the market are required to introduce innovative product with better price to survive in the competition.

In-Depth Research Report On Food Thickeners Market:
https://www.grandviewresearch.com/industry-analysis/food-thickeners-market

Wednesday, 12 December 2018

Dairy Alternatives Market Hit USD 35.06 Billion by 2024: Grand View Research, Inc.

12-December-2018: According to a report published by Grand View Research, Inc.; the dairy alternative market is likely to reach a valuation of around USD 35.06 billion by 2024.


Dairy Alternatives Market

Increasing number of lactose intolerance cases and rising healthcare concerns among the consumers can drive the market during the forecast period (2013 to 2024).

Several nutritional benefits offered by these products including high protein content and low cholesterol content and use of these products in the manufacturing of daily food products is expected to boost the demand for these products in the coming years. Chaining dietary preferences of consumers due to increasing number of allegories accompanying with the consumption of non-vegan foods is expected to support the market growth over the forecast period.

Worldwide dairy alternatives market can be segmented on the basis of product, formulation, application, and region.

As per product, the market can be categorized into rice milk, soy milk, almond milk, and others.

In 2016, the soy milk segment estimated for 40.5% share of the overall market. This segment is anticipated to grow at a CAGR of 15.7% during the forecast period due to increasing demand from Asian countries. Soya milk contains isoflavones and prevents breast cancer and heart diseases. This has increased the consumption of the product among female consumers. The U.S is the major producer of the soymilk

Almond milk is anticipated to grow rapidly with CAGR of 17.8% during the forecast period. This growth can be associated with its high content of energy, protein, fiber, and lipids. In addition, with compare to other products, it has a better taste and texture.

Based on formulation, the market can be bifurcated into plain and flavored. In 2016, the plain formulation segment reported for over 52.7% due to high demand from elderly population as these formulations are cholesterol free. The segment is projected to grow at CAGR of 15.4% during the forecast period. Increasing demand from food and beverages for plain unsweetened desserts and snacks is likely to boost the segment growth over the forecast period. The flavored formulation segment is predicted to be the fastest growing segment. It is expected to expand at a CAGR of over 17.9%. Introduction of new flavors and increasing demand in the making of lactose-free yoghurts and desserts can boost the segment during the forecast period.

On the basis of application, the market can be split into food and beverages.

The beverage segment is expected to grow at CAGR of 16.3%. Increasing demand in several nut based flavored milk products including almond, cashew, walnut is likely to drive segment growth.

The food segment is expected to grow steadily due to increasing demand for non-dairy chees and yoghurts. Changing dietary habits among the consumers in Brazil, India, and China are mainly driving demand for lactose-free cheese.

Geographically, the market can be divided into North America, Europe, Asia Pacific, Latin America, and The Middle East & Africa.

In 2016, Asia Pacific dominated the market and estimated for over 49.7% of the total market share. Factors such as changing consumer dietary habits, increasing disposable income, increasing awareness among the consumers is anticipated to create positive impact on the market. The market is also expected to dominate over the forecast period due to presence of high lactose intolerant population base in the South East Asian countries.

Europe is expected to expand with CAGR of 13.7% during the projected period. This growth can be attributed to high consumer demand for cholesterol free and plant-derived food products and lactose-free yogurt and ice-creams in this region.

The U.S. Food and Drug Administration, Food Canning Establishment Registration, and Scheduled Process Regulations implemented regulations, which are mandatory for the manufacturers as these products are directly consumed by the consumers. This is likely to act as a major threat for the manufacturers.

Key companies operating in the market include Eden Foods, Inc.; SunOpta Inc.; Living Harvest Foods Inc.; The Hain Celestial Group, Inc.; and Archer Daniels Midland Company. The market participants are mainly focusing on research and development (R&D) activities and innovative product development.

In-Depth Research Report On Dairy Alternatives Market:
https://www.grandviewresearch.com/industry-analysis/dairy-alternatives-market

Monday, 3 December 2018

Rising Health Awareness is Anticipated to Propel Demand for Breakfast Cereals

03-December-2018: According to a report by Grand View Research, Inc., global breakfast cereal market is anticipated to value USD 54.31 billion by 2025. Growing requirement for on-the-go breakfast coupled with rising health awareness among consumers is anticipated to propel demand for breakfast cereals.


Breakfast Cereal Market


Breakfast cereals are likely to offer gains as essential ingredients. The commonly used grains can include barley, wheat, oats, rice, and corn. Oatmeal is expected not to contain any other ingredient while other variants can include yeast, salts, coloring agents, sweeteners, and food preservatives.

Rising influence of westernization on food habits of middle-class population can contribute significantly towards demand for breakfast cereals. Continual advancements in food retail infrastructure coupled with growing awareness regarding benefits of consuming grain-based breakfast can fuel growth of market. Gradually changing purchasing behavior and eating habits of consumers is expected to influence growth of market in emerging economies. Growing middle-class population and rapid urbanization in these economies can result in changing lifestyle and demand for on-the-go meals among consumers. Moreover, rising number of consumers focusing on reducing calorie intake by cutting down their portion sizes and replacing conventional breakfast options with breakfast cereals can stimulate market growth during the forecast period (2014 to 2025).   

The breakfast cereal market can be segregated on the basis of product, distribution, and region.
Based on product, the market can be categorized into hot cereals and ready-to-eat (RTE) cereals. In 2016, RTE cereals dominated the market and accounted for 68% of global revenue share. The segment consists of cornflakes, bars, cookies, biscuits, and others. High demand for on-the-go meal options is likely to fuel consumption of breakfast cereal bars and biscuits. Growing awareness regarding fast, easy, and inexpensive meal options offered by RTE cereal segment can boost market growth. Moreover, rising adoption of cereal bars among kids owing to effective advertising strategies and attractive packaging can also fuel growth of market.

On the contrary, hot cereals segmented is expected to witness fast growth during the forecast period. Growing adoption of nutritious meal options in breakfast can surge demand for multi-grain cereals including seeds, grains, and beans. Numerous health benefits of including these organic and whole grain based cereals in diet can augment demand for hot cereals. Moreover, incorporation of exotic flavors into product variants to offer taste can gain traction among consumers.

Based on distribution, the market can be classified into e-commerce, convenience stores, supermarket, and others. In 2016, supermarket segment dominated the market and accounted for largest market share. It is expected to grow at similar pace during the forecast period attributed to increasing number of supermarkets globally. Initially these supermarkets were concentrated only to Europe and North America regions, but now they have expanded their presence across Middle East & Africa and Asia Pacific.

Similarly, e-commerce segment is anticipated to emerge as prominent distribution channel across the globe. The segment is likely to generate considerable revenue from developed economies of Europe and North America owing to rising adoption of mobiles and internet. Online channels are expected to provide better access to branded merchandise and offer advanced shopping experience. In addition, these online channels are likely to gain popularity among lifestyle users in developed regions.

Regional segmentation includes Europe, North America, Asia Pacific, central & south America, and Middle East & Africa. In 2016, North America dominated the market and accounted for largest market share. Rising health concerns attributed to increasing health issues such as obesity, diabetes, and digestive disorders can fuel growth of region. In addition, continual innovations in terms of product & packaging coupled with growing adoption of new products among local consumers can surge product demand during the forecast period.

Similarly in Asia Pacific, the market is expected to witness significant growth owing to widening base of population indulged in busy lifestyles and demanding convenience food. In addition, high demand for natural and nutritional food products attributed to rising consumer awareness regarding healthy lifestyle can influence growth of market in the region.

Some of the leading companies offering breakfast cereal are Alara Whole Foods Ltd., Nestlé S.A., Kellogg Company, Bagrrys India Ltd., and Marico Limited.

In-Depth Research Report On Breakfast Cereal Market:
https://www.grandviewresearch.com/industry-analysis/breakfast-cereals-market